Acton Institute PowerBlog

PowerLinks 01.03.18

The Great, Overlooked Tax Policy for Getting People to Work
Annie Lowrey, The Atlantic

Yet more evidence piles up for effectiveness of the Earned Income Tax Credit.

Minimum wage rising in more than 3 dozen states and cities in 2018
M.L. Nestel, ABC News

The new year will bring somewhat fatter paychecks to many Americans, with more than three dozen states and cities counties raising their minimum wage.

Playing the Financial Bubble Game
Arnold Kling, Hackernoon

I believe that a bubble market acts a lot like a chain letter or pyramid scheme. A few people make a fortune in a bubble market, at the expense of a large number of people who take modest losses.

Why “Character Goals” Should Be Your First Resolutions
Hugh Whelchel, Institute for Faith, Work, and Economics

How many of our goals are built around what we want to accomplish as opposed to who we want to become?